'''The Walt Disney Company''', commonly known as '''Disney''', is an American diversified Multinational corporation|multinational mass media
and entertainment Media conglomerate|conglomerate
, headquartered at the Walt Disney Studios (Burbank)|Walt Disney Studios
in Burbank, California
. It is the world's second largest media conglomerate in terms of revenue, after Comcast
Disney was founded on October 16, 1923 – by brothers Walt Disney
and Roy O. Disney
– as the '''Disney Brothers Cartoon Studio''', and established itself as a leader in the American animation industry before diversifying into live-action film production, television, and theme parks. The company also operated under the names '''The Walt Disney Studio''' and then '''Walt Disney Productions'''. Taking on its current name in 1986, it expanded its existing operations and also started divisions focused upon theater, radio, music, publishing, and...